The National Academy of Sciences has called for a restructuringof the Patent System, and in particular, made recommendations on how to repair the CAFC.

Mr. Curtis clarifies:

"...the problem with these patents is that they are obscureand the Patent System is Disfunctional,as a result most of these patents end up in settlementsand because the settlements are under a non-disclosure agreementno one knows what the terms wereand as a result the patent troll can claim that they won the case".

Patent Trolls are non-practicing entities. That is, they don't build anythingand they don't commercialize any products. Instead, they acquire patents frompatent holders, and turn around and file lawsuits against companies that willprefer to settle for hefty payments, rather than go through the long andexpensive process of going to court.

"...one of the major problems with patent lawis that when you are sued for patent infringementthe burden of proof that you don't infringe on the patentis on the defendant... and this can take quite a while..."

In his talk, Drew Curtis, describes that the typical defense of a patentlawsuit will cost $2 million, and it will take 18 months... when you win.

What is fascinating about Drew Curtis' talk is that as a good entrepreneur,he took the time to understand the Business Model of the Patent Troll,and knowing its weaknesses, he maneuvered them into a losing position.

Here is the key of his strategy

"Make clear from the beginning you do not have any money,or that you would rather spend money with your attorney fighting the patent troll, rather than giving them the money...The reason this work is because Patent Trolls are paid apercentage of whatever they are able to recover in the settlements."

"If it becomes clear to them that they can not recover any money,they become less interested in pursuing the case"